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Dictionary
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LSE
LSE
London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
More terms
Dirty price
The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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S&P 500
Find out what is the definition of the S&P 500 index.
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Bond
Learn what a bond is
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Gilt
What is a gilt?
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Yield curve
A graphical representation of interest rates over time
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Conventional gilts
Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Geometric Mean Return
A way of calculating compound returns on an investment or savings over a set period of time.
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Base rate
What's the base rate?
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Money laundering
A method of moving money obtained illicitly through the financial system so it can be used legally.
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